Greece Residency By Investment, Greece Golden Visa Program
Greece Real Estate Taxes And Fees
Greece demonstrates one of the lowest crime rates in Europe, Free healthcare, sunny weather 300 days of the year and very high standards of living. Easy Renewal process Every 5 years for the same duration if the ownership status remains unchanged. Free Travel to 26 Schengen Countries including 24 of the EU Countries. We work only in the field of investment immigration, integrating gained experience into the investor’s goal. Those located in Athens, Attica, Thessaloniki, Halkidiki,on the islands of Crete, Corfu, Kefalonia, and other vacation destinations. Notary fees in a Greek real estate transaction have also dropped to 1% from the pre-crisis 1.2%-1.5%.
If you are not a citizen of the four above mentioned countries, then check with your Greek consulate, not with me. As of 2013, non-EU nationals and their family members are entitled to a residence permit when investing in a property with the value of €250,000 or more. The permit is valid for 5 years and can be renewed if ownership of the property is unchanged. This type of residence permit does not include the right of employment. The law also applies to both the purchasing and leasing of either multiple residential or commercial property provided the combined total reaches the minimum investment amount.
Every 7 of the following months i kept on calling thessaloniki for a follow up on my residence with no news. In the late july, i had a call from them asking me for an additional paper . I travel to thessaloniki to give it to them thinking that i was going to get my residence permit soon. ‘Green card’ is a term used by the United States to describe permanent resident status acquired by a non-American citizen, and does not apply outside its borders. Greece had a prasina karta about 10 years ago, but they disappeared as fast as they appeared. In 2008, Greece started issuing permit cards, but they are not called green cards and different colors apply to different categories.
Always check with your Embassy regarding visa restrictions, residence and work permits. Passports of non EU Nationals must be valid for at least three months after the period of intended stay. Immigrant Invest helps investors choose properties and obtain a residence permit in Greece by investment. If you want to become a resident of an EU member state, seek advice from experts in investment programs. 554 investors and 1,192 members of their families received a Greek “golden visa” between January and September 2021. Statistics on the residence permit for investment program have been published by the Greek Migration Service.
Low Cost European Residency
According to the special government gazette that was published yesterday 12th of May 2020, the terms under which residence permits for Financially Independent Persons in Greece can be granted, have been revised. Border guards of European Union countries may request additional supporting documents, eg. Letter of invitation, proof that your mother has accommodation or a return ticket. For specific requirements one should always refer to the competent local consular authorities of the country of the European Union. Changes should be declared within two weeks, a temporary document is issued until the new updated residence permit is processed. If a new address is not updated, the permit holder may incur a fine.
An investment of EUR 250 in residential or commercialreal estate . In order to remain the resident of Greece, the property should be maintained for a lifetime. Please bear in mind that the signing of the purchase agreement as well as the submission of the application regarding the Residence Permit as such could be processed by a lawyer vested with a proxy. Annual income due to property lease of 35.001, 00€ onwards, tax on a scale of 45%. Annual income due to property lease of 12.001, 00€ – 35.000, 00€, tax on a scale of 35%. Annual income due to property lease of 0 – 12.000, 00€ , tax on a scale of 15%.
The Best Alternative Golden Visa Strategy
Consult our expert or get a selection of properties in Greece. Our manager will contact you during business hours to discuss the details. We will coordinate the remote purchase and document filing if necessary. Whether you have made up your mind or just looking at Greece, we recommend starting with a personal consultation that will help you feel more confident in communicating with property sellers, helping you effectively manage your time and costs.
This legislation is considered to have beneficial effects on Greece attracting a large number of investors from developing and developed non-EU countries. Annual Property taxes, conveyance tax and other accounting and legal matters remain the same. Embassy Athens is currently law firm istanbul processing limited categories of non-immigrant visa and immigrant visa applications. At this time, we are prioritizing services for citizens and residents of Greece. More information is available in the Embassy’s recent notice regarding limited visa services.
Outdated versions of this article appear on websites run by the U.S. Embassy in Athens, Greek/Russian/Cypriot/UK lawyers, property sales/rental companies and two commercial ‘expat’ law firm turkey guides that reused information without permission. Please take the time to read this article, as it is unavailable anywhere else and constantly updated since October 2007.
By the early 21st century, the Greeks have achieved a stable and prosperous nation, with a high standard of living. An influx of immigrants began in the late 1980s, transforming Greece, once an immigrant-sender, into an immigrant-receiving country. We are considering moving to Greece but keeping our UK jobs and working remotely for a year.
Because France is part of the Schengen Zone, but the UK is not. If you are looking for slightly nomadic, visa-free options, you will want to get familiar with the Schengen Zone countries. The above third-country national may be accompanied by the members of his family to whom, at their request, law firm istanbul an individual residence permit is issued. The later expires together with the residence permit of the sponsor. For all residents, regardless of visa or residency status, if you have an emergency and need to go to a hospital, a Greek public hospital will provide your medical care for free.
My Second Home Program a foreign national, and his or her dependents, may obtain a 10-year multiple entry visa if they make a fixed deposit in a Malaysian bank or invest in real estate. Prior to the visa’s expiration, it can be renewed provided that requirements are still met. UK citizens who are not covered by the Withdrawal Agreement can remain in Greece as third-country nationals in accordance with migration law. A residency permit for an investor is issued for 5 years with the possibility of extension. After 7 years of permanent residency in Greece, the investor can apply for citizenship. Acquiring a Greek golden visa does not mean acquiring a Greek passport.
As of this writing, if you are a US citizen, you can come to Greece for 90 days without a visa. You are allowed to be in Greece for 90 out of every 180 consecutive days providing you leave the Schengen Zone for the 90 days you must be out of Greece. The Schengen Zone is essentially a network of European countries that allow passport-free travel.
If you decide to sell the property you can transfer residence permit rights to the new buyer. Residence permit is granted to the new buyer along with a simultaneous revocation of the seller’s residence permit. You can get either C schengen visa and D visa after making property investment in Greece. If you are outside Greece, you must apply for C/D visa at the Greek consulate, else at migration office in Greece. In cases of joint ownership, where the value of the property is €250.000, the residence permit is granted if the owners are spouses or partners with a cohabitation agreement in Greece, with undivided ownership of the property. In the case that you send additional supporting documents by post, they should be limited to one person per envelope and the file number of the person must be clearly stated within.
Official data released by the Eurobarometer Special Surveys shows that, when it comes to people being able to speak English, Greece reaches 51 percent. EU Member Country – Greece is a Member of the European Union, since 1981, which allows for free movement of people, goods, services, and capital within the internal market. In addition, Greece has access to the Schengen zone, in Europe.